• Etterra@lemmy.world
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    9 months ago

    Get back to us in 6 months and we’ll see how it’s going. I have low expectations. Somehow capitalism always finds a way to propagate itself, no matter how little sense it makes.

  • doggle@lemmy.dbzer0.com
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    9 months ago

    Extremely volatile, as anyone expected. Since they started the IPO at $34 things aren’t going bad at all so far.

    Give it a year, and we’ll see what the company’s actually worth.

  • jeffw@lemmy.world
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    9 months ago

    Is this anti-Reddit? It’s still up like almost 20% since the IPO?

  • andrewth09@lemmy.world
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    9 months ago

    God, please don’t turn Lemmy into “haha reddit stock goes down” literally any time their stock fluctuates.

    • grrgyle@slrpnk.net
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      9 months ago

      A similar thing happened with one of my favourite podcasts: Tech Won’t Save Us. They just started crowing about what a craven loser Elon Musk was at every opportunity. And it really sucked all the life out of the podcast for me. Like it used to be super interesting, well researched, broad, hopeful; and suddenly it seemed to only be about dunking on billionaires.

      Which, deserved. But I don’t want to hear about Musk’s stupid machinations while I’m doing food prep. I want to hear about something cool, like collective action in India.

      Maybe I’m in the minority though. Or maybe it’s gotten better by now. Idk

      • Moneo@lemmy.world
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        9 months ago

        They probably noticed a huge bump in numbers in the episodes where they shit on Elon. There’s a weird dynamic where toxic shit partially maintains it’s popularity because content that focuses on debunking it gets eaten up. So ‘sane’ creators have to decide between creating interesting things or repeatedly dunking on some toxic shit that it grows their platform.

      • jcg@halubilo.social
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        9 months ago

        Right, if all you talk about is the shit Elon is doing, you’re really no better than a fanboy of his.

      • HRDS_654@lemmy.world
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        9 months ago

        It’s kinda how I feel about any shitty person that gets clowned on. At some point it’s just like “yeah, we all know this person is a POS, what else is new”.

    • summerof69@lemm.ee
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      9 months ago

      I think they’ve just had the IPO, that’s why we see it. But I wouldn’t worry in the long term unless something major happens, but that applies to any major social media.

  • gmtom@lemmy.world
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    9 months ago

    🎵It all returns to nothing.

    It all comes tumbling down tumbling down tumbling down🎵

    • Neuromancer@lemm.ee
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      9 months ago

      I ponder who the fuck is buying truth social. That is the puzzling part to me.

      • awwwyissss@lemm.ee
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        9 months ago

        Very wealthy people who want to transfer money to Trump outside of legal channels in exchange for favors political favors.

  • db2@lemmy.world
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    9 months ago

    They already pumped it and dumped, you’re seeing the after effect now.